Published Aug 12, 2026, 10:30 AM ET · Updated 3 months ago · 1 source
THE BLOCK: New York City has launched an investigation into prediction market platforms — Kalshi, Polymarket, Coinbase, and Gemini Titan. "Prediction markets aggressively entice consumers to bet and wager on sports, politics, culture, weather, and pretty much anything," said NYC Council Speaker Julie Menin in the statement.
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Original Report
THE BLOCK: New York City has launched an investigation into prediction market platforms — Kalshi, Polymarket, Coinbase, and Gemini Titan. "Prediction markets aggressively entice consumers to bet and wager on sports, politics, culture, weather, and pretty much anything," said NYC Council Speaker Julie Menin in the statement.